On August 1 , 2 0 2 2 , Colombo Company s treasurer signed a note promising
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On August Colombo Companys treasurer signed a note promising to pay $ on December The proceeds of the note were $
b Calculate the effective interest rate APR on the loan.
Note: Enter your answer as a percentage rounded to decimal place ie
Related Book For
Accounting What the Numbers Mean
ISBN: 978-0073527062
9th Edition
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
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